| SPDR S&P Regional Banking is an open-end investment management company. The Fund seeks to replicate as closely as possible, before expenses, the performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking this objective, the Fund uses a replication strategy. As of June 30 2015, the Fund's total assets and investment portfolio totaled $2,924,903,150 and $2,920,764,927, respectively. We show 217 historical shares outstanding datapoints in our KRE shares outstanding history coverage, used to compute KRE market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KRE market cap history over the course of time is important for investors
interested in comparing KRE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of KRE versus a peer is one thing; comparing
KRE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like KRE can fluctuate over the course of history.
With this page we aim to empower investors researching KRE by allowing them to research the KRE market cap history.